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IN RE MANHATTAN WOODS GOLF CLUB, INC.

No. 95 CV 7828.

192 B.R. 80 (1996)

In re MANHATTAN WOODS GOLF CLUB, INC., Debtor. Steve MORGAN, Morgan Hughes & Company and Terumasa Arai, Appellants, v. MANHATTAN WOODS GOLF CLUB, INC., Appellee.

United States District Court, S.D. New York.

February 14, 1996.

Attorney(s) appearing for the Case

Jeffrey L. Sapir, White Plains, NY, for Appellants.

Rapport, Meyers, Griffen, Whitbeck, Shaw & Rodenhausen, Hudson, New York, for Appellee.

MEMORANDUM DECISION and ORDER

PARKER, District Judge.

BACKGROUND

Appellants, Steven Morgan, Morgan Hughes & Company ("Morgan") and Terumasa Arai ("Arai"), appeal from an order of the Bankruptcy Court, dated August 9, 1995, granting the motion of the debtor, Manhattan Woods Golf Club, Inc., to expunge their claims. Morgan timely filed a proof of claim for $1,383,333 due him pursuant to an alleged "management and services agreement...

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